$520,000
SOLD JUL 21, 2023
2 Beds
1 Bath
1,014 Sq Ft
$309/mo HOA Fee

Recently Sold

$513 Per Sq Ft

6% Above List Price

6 Days on Market

Highlights

  • 0.23 Acre Lot
  • Cathedral Ceiling
  • Beamed Ceilings
  • Property is near public transit
  • Wood Flooring
  • 3-minute walk to Salem Common

About This Home

As of December 2024

8 Union Street is truly unique, with exposed brick, beams, soaring ceilings and wide pine wood floors. Ideally located to Salem Common, shopping, restaurants, train, and Peabody Essex Museum all while enjoying the privacy of a side street. This updated two bedroom, one bath, also has central A/C, in unit laundry, 1 car off street deeded parking, secured storage in basement and common outside area for entertaining/grilling. Over sized windows allow for an abundance of light and wonderful sea breezes. Open House both Saturday 6/17 and Sunday 6/18, 11:30 to 1:00.

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 06/13/2023

Co-Listed By

Susan Olson

MerryFox Realty

Last Buyer's Agent

Christian Murray

North Corner Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,759

Year Built

  • Built in 1900

HOA Fees

  • $309 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,014 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Insulated Windows
  • Intercom
  • Basement

Kitchen

  • Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Pine Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:35 L:0281 S:805,4782037

Community Details

Overview

  • Association fees include water, insurance, maintenance structure, snow removal, trash, reserve funds
  • 11 Units
  • Mid-Rise Condominium

Amenities

  • Common Area
  • Shops

Recreation

  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,759

Year Built

Built in 1900

Lot Details

0

HOA Fees

$309 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1900
  • Buyer Agency: 2.0
  • Entry Level: 2
  • Transaction Broker: 1.0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Pine
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer, Gas Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Cathedral Ceiling(s), Beamed Ceilings, Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Cathedral Ceiling(s), Beamed Ceilings, Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Second
  • Room Dining Room Features: Cathedral Ceiling(s), Beamed Ceilings, Flooring - Hardwood
  • Room Dining Room Level: Second
  • Laundry Features: In Unit, Washer Hookup
  • Room Living Room Level: Second
  • Room Living Room Features: Cathedral Ceiling(s), Beamed Ceilings, Flooring - Hardwood
  • Basement: Y
  • Living Area: 1014
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: C95279
  • LIST PRICE PER Sq Ft: 482.25
  • PRICE PER Sq Ft: 512.82
  • MAIN SO: AN4078

Exterior Features

  • Construction Materials: Brick
  • Home Warranty YN: No
  • Waterfront Features: Beach Front, Bay, 1/2 to 1 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 309
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Maintenance Structure, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:35 L:0281 S:805,4782037
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 9971
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 503
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4759
  • Tax Book Number: 28735

Multi Family

  • Number Of Units Total: 11
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Dec 20, 2024
Sold by
Tkaczuk Richard A
Bought by
Dantchev Jennifer and Dantchev Marin
Seller's Agent
Christian Murray
North Corner Realty
Buyer's Agent
Julie Swanson
Leading Edge Real Estate
List Price
$624,999
Sold Price
$600,000
Premium/Discount to List
-$24,999
-4%
Views
226
Current Estimated Value
$607,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,560
Avg. Annual Appreciation
2.31%
Original Mortgage
$510,000
Outstanding Balance
$508,686
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$101,409

Purchase Details

Closed on
Jun 29, 2009
Sold by
6 Union Street Llc
Bought by
Markell George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $600,000 None Available
Deed $600,000 None Available
Deed $245,000 --
Deed $245,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,000 Purchase Money Mortgage
Closed $510,000 Purchase Money Mortgage
Previous Owner $468,000 Purchase Money Mortgage
Previous Owner $183,750 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $600,000 0.0% $592 / Sq Ft
11/16/2024 11/16/24 Pending -- -- --
11/04/2024 11/04/24 Price Changed $599,999 -4.0% $592 / Sq Ft
09/19/2024 09/19/24 For Sale $624,999 +20.2% $616 / Sq Ft
07/21/2023 07/21/23 Sold $520,000 +6.3% $513 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $489,000 -- $482 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,236 $461,700 $0 $461,700
2024 $4,935 $424,700 $0 $424,700
2023 $4,759 $380,400 $0 $380,400
2022 $4,481 $338,200 $0 $338,200
2021 $4,329 $313,700 $0 $313,700
2020 $4,367 $302,200 $0 $302,200
2019 $4,145 $274,500 $0 $274,500
2018 $3,733 $242,700 $0 $242,700
2017 $3,659 $230,700 $0 $230,700
2016 $3,462 $220,900 $0 $220,900
2015 $3,523 $214,700 $0 $214,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73123953

MLS Property Information Network (MLS PIN)

APN: SALE-000035-000000-000281-000805-000805